St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-10-17
. RTIcLEs OF INcoRpoRATIoy OF

A RTICLES OF INCORPORATION OF
"A st. Peter Street improvement Company
Know all men by these presents. That we
the undersigned, do hereby associate, under
and according to the provisions of title of
chapter 81, of the General Statutes of the
Stale OF Minnesota for The purpose of form
ing a corporation as hereinafter stated, and
TO that end 40 hereby adopt the following
articles OF incorporation:
Article 1.-The name of said corporation
shall be st. Peter Street improvement Com
pany." The general nature of its business
shall be the buying, owning improving. sell.
ing and dealing In iands, tenements and
heredltaments real, mixed and personal es-
tate and property; the principal place of
transacting said business shall be the city of
of Minnesota
Art. 1.-THE time of commencement of
said corporation shall be Oct. 10. 1897 The
period OF its continuance shall be thirty
years.
Art. III.-The amount OF capital stock of
said corporation shall be $500, 900; the same
shall be paid in cash or i'll lands at such
times and from time TO time and in such
manner as the bylaws shall prescribe, pro-
vided that 20 per cent. of said stock may be
called by the directors on or prior to the lst
day OF August, 1888, or in monthly install
ments OF 10 per cent. of the amount Of each
subscription, beginning March /, 1888; pro-
vlded further, that not more than 20 per
cent. of each subscription shall be called in
prior to said 1st day of August, 1888.
Art. lV..The highest amount of indebted
ness or liability to which said corporation
shall at any time be subject shall be $780,
600.
Art. V.-The names and places OF residence
OF the persons forming said association for
Incorporation are as follows: j. Royall Nc
Murran, Henry Hutchinson, John f. Fulton,
u. j. Hodgson, A. G. PotsteIhwaite, Daniel
II. McEwen and Henry E. Wedelstaedt, and
they all reside i'll the city of ST. Paul afore-
saiu.
Art. VI-The names of the first board of
directors of said corporation are as follows:
J, Royal, McMurran. Henry Hutchinson, John
r Fulton, T.: ). Hodgson. A. G. Postlethwaite,
Daniel II; McEwen and Henry E. Wedel-
staedt. The government of said corporation
and the management of its affairs shall be
vested in board of seven directors, which
shall be composed until the first annual meet
ing of the persons last above mentioned: and
at said annual meeting, which shall be held on
the second Tuesday of May in each year here
after, such board of directors shall be
elected: Ihe officers OF said corporation shall
be president, vice president a secretary and
a treasurer, all OF whom, except the secretary,
shall be stockholders. Until the first annual
meeting >. Royal McMurran shall be presi
dent, john +. Fulton shall be vice president
and A. G. Postlethwaite shall be treasurer of
said corporation.
Art. VII.-The number of shares in the
capital stock of said corporation shall be
500.
In testimony whereof we have hereunto set
our hands and seals this 9th day of Septem-
Der, A. ID. 1887.
j. ROYALL MCMURRAN, ISeal7
HENRY HUTCHINSON, Seal
JOHN f. FULTON, fSealf
E. j. HODGSON, fSeal.i
A. G. POSTLETHWAITE, Seal
DANIEL II. MCEWEN, 1Seal1
HENRY E. WEDELSTAEDT, fSeaI.f
In presence of
w. T. MCMURRAN,
SAM'L MCMURBAN. (